9652 Portage StMassillon, OH 44646

  • Other commercial real estate
  • 3.22 AC
For Sale
$780,000 View listing

Property Details for 9652 Portage St

Lot size
3.22 AC
Property type
Other commercial real estate
APN
16-29629
APU
1629629

Description

This exceptional commercial property, located at 9652 - 9750 Portage St NW in Massillon, Ohio, presents a compelling investment opportunity. The 5.37-acre lot boasts a prime location at a signalized intersection within Jackson Township, ensuring high visibility and accessibility. The property includes a single-story, 7,079 square foot building currently occupied by three tenants under month-to-month leases. This presents a flexible situation for the new owner, allowing for immediate income generation or redevelopment potential. The property is zoned B-3, offering a range of development possibilities. The asking price is $780,000, translating to $110.19 per square foot. The seller is open to considering the sale of individual parcels separately, providing added flexibility for potential buyers. Please note that a cell tower easement on the property is not included in the sale. This property offers a unique blend of immediate income potential and significant long-term development upside, making it an ideal acquisition for savvy investors seeking a strong return on investment in a desirable Ohio location. The property's APN is 1629629, 1629628.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $30,532,404
    Hospitality
    $27,967,518
    Educational
    $23,268,646
    Medical
    $24,068,890
    Retail
    $36,195,672
9652 Portage St, Massillon, Ohio

Location Insight

City
Massillon
County
Stark
State
Ohio
Latitude
40.8802
Longitude
-81.5302
CBSA code
15940
CBSA name
CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,197
$35,810
$740
$36,550
-
$102,300
$2,100
$104,400

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